Wyoming Insurance License
Licensing requirements for Wyoming insurance professionals and companies.
This page provides an overview of insurance licensing in Wyoming for individuals and companies. You will find state requirements, application fees, filing instructions, and more. For assistance with licensing, please contact us to learn about our software and managed license services.
Companies that provide insurance producer services in Wyoming must apply for a license prior to doing business. Depending on the lines of authority offered by the entity and the types of services offered, multiple firm licenses may be required.
Before applying, firms should ensure that the licensed individual to be appointed agent in charge has the necessary licenses. Firms should also gather proof of incorporation, or foreign qualification for out-of-state firms, in anticipation of application requirements.
Company Licenses
Wyoming Insurance Company Licenses
Wyoming Insurance Agency License
| Agency: | Wyoming Department of Insurance |
Initial Registration
This section applies to insurance firms that are applying for a license in Wyoming for the first time.
| Agency: | Wyoming Department of Insurance |
| Form: | https://sites.google.com/a/wyo.gov/doi/licensing/producers/business-entity |
| Agency Fee: | Varies by insurance type. Baseline of $100 |
Registration Renewal
This section applies to insurance firms that are already licensed in Wyoming and need to renew their license.
Renewal Not Required
Not required
Licenses are perpetual and do not need to be renewed.
Wyoming Service Contract Provider Registration
| Agency: | Wyoming Department of Insurance |
| Foreign Qualification is Prerequisite: | No |
| Registered Agent (Special Agency) Required? | No |
Initial Registration
| Form: | |
| Filing Method: | |
| Agency Fee: | $200 paid online |
| Notarization Required?: | Required |
Wyoming Third Party Administrators License
| Agency: | Wyoming Department of Insurance |
| Foreign Qualification is Prerequisite: | No |
| Registered Agent (Special Agency) Required? | No |
Initial Registration
| Form: | |
| Filing Method: | |
| Agency Fee: | $200 registration fee |
| Required Attachments: |
Auditted financial statements for the TPA for the most recent 2 fiscal years, submitted in US GAAP format. The statements shall show that the TPA has a positive net worth and is financially responsible. Wyoming TPA Appointment Form for each insurer or MEWA with which the TPA has a contractual agreement for coverage in the State of Wyoming. Wyoming TPA Contract Checklist for each insurer or MEWA with which the TPA has a contractual agreement for coverage in the State of Wyoming. Wyoming TPA Funds Handled Disclosure for the estimated amount of funds that will be handled by the TPA in the first year of operations within the State of Wyoming. |
| Bond Amount: | A bond for not less than 10% of the actual or expected premium written within the State of Wyoming. The bond shall be no less that $1,000, and shall not exceed $500,000 unless a larger amount is deemed necessary by the commissioner for the protection of the citizens of Wyoming. Wyoming TPA Bond Form |
Registration Renewal
| Form: | |
| Filing Method: | |
| Agency Fee: | $200 renewal fee |
| Due: | Biennially by March 31. |
| Required Attachments: | Wyoming TPA Funds Handled Disclosure for the actual amount of funds handled in the year immediately preceding the renewal year by the TPA within the State of Wyoming. An updated Wyoming TPA Appointment Form for each insurer or MEWA with which the TPA has a contractual agreement for coverage in the State of Wyoming. A new appointment form is required each renewal period for each insurer or MEWA represented. Verification of continuation of bond, for which the amount shall be for no less that 10% of the funds handled in Wyoming or $1,000, whichever is more. The bond shall not exceed $500,000 unless a larger amount is deemed necessary by the commissioner for the protection of the citizens of Wyoming. |
Wyoming Utilization Review License
Not required
Utilization Review licensure is not required on the State level in Wyoming.
Individual Licenses
Wyoming Individual Insurance Licenses
Wyoming Insurance Agent License
| Agency: | Wyoming Department of Insurance |
Initial Registration
This section applies to insurance agents that are applying for a license in Wyoming for the first time.
| Agency Fee: | From $10 to $100 depending on license type |
Registration Renewal
| Filing Method: | |
| Agency Fee: | From $20 to $150 depending on license type |
| Due: | Biennially by the last day of initial registration month. |
Learn about insurance licensing in other states:
